This is my current outlook:
Where I trade:
Music Cred: Terrestrial Exitium – Alan Watts Chillstep (most of the time) https://www.youtube.com/playlist?list=PLu54AxhYKtw76BkpwYHZSEOvnN3Ymmj0x
Hello Cryptopians! Welcome!!
I encourage you to learn the basics of chart reading so that you would understand what is happening before asking questions that a simple internet search will provide you the answers for.
In my charts I use several different Fibonacci tools, as well as Ichimoku Clouds and Bollinger Bands. In looking at them you will see a BLUE, a RED, and a YELLOW line. To take advantage of the settings I have for them, look for the following (when they are on):
Blue line ABOVE Red line – Indicates upward momentum
Yellow line BELOW Candles – indicates upward momentum
Blue line BELOW Red line – Indicates downward momentum
Yellow line ABOVE Candles – Indicates downward momentum
The indicators at the bottom of the charts are the RSI (white line), MACD (blue line MACD, purple line Signal Line); and Elliot Wave Oscillator. The vertical white lines are the MACD Histogram.
www.elliottwave-forecast.com/education/ – Read before attempting to dis or critique Elliott Waves
http://thepatternsite.com/ – Patterns cataloged by Thomas Bulkowski
www.stockcharts.com – Direct your basic questions here
www.investopedia.com – Direct your basic questions here
www.google.com – Direct your basic questions here
Elliott Wave Principle by Frost & Prechter
Technical Analysis & Stock Market Profits by Richard W. Schabacker
Reminiscences of a Stock Operator by Edwin Lefevre (audiobook on Audible)
The New Market Wizards by Jack D. Schwager (audio book on Audible)
Other Reading to Steel Your Mind:
Mastery by Robert Greene
The 33 Strategies of War by Robert Greene
The Motivation Manifesto by Brendon Burchard
Meditations by Marcus Aurelius (audiobook)
These are the methods I used to learn; nobody taught me, and nobody will teach you. I made my first chart on December 21, 2017. If you don’t want to learn then just give all of your money to the homeless where it will do more good than in your hands.
Please do not ask for entry points as:
*THIS IS TECHNICAL ANALYSIS, NOT FINANCIAL ADVICE*
Thank you & Happy Trading.